What is a solar PV business model?

In the residential sector, this business model is very popular for singular PV systems, in which homeowners are interested in installing a distributed generation on their rooftop and are able to pay for the upfront cost.

How can a market-centric business model help solar PV companies?

The disruptive nature of solar PV technology, limited awareness and high financial requirements often make solar PV disadvantaged compared with its competition , . A market-centric business model can help solar PV companies address consumers’ concerns while offering solutions to enhance its adoption.

Will there be a need for new PV business models?

It appears to be a question of when, and not if, there will be a need for new PV business models, in order to accommodate and facilitate widespread adoption of distributed PV. Current PV business models principally revolve around the ownership of PV systems by individuals and increasingly by third parties, rather than by utilities.

Is community solar a part of the Current PV business model?

Community solar is not a part of the current PV business model, but they are the future of the shared PV business model in India. Microgrid are highly acceptable and has high adherence to Indian local regulations. Similarly, RESCO and Utility resellers are part of Indian PV business model.

What is a shared photovoltaic business model?

Shared Photovoltaic (PV) business models enable a broader percentage of consumers to benefit from renewable energy because installation and transaction costs are significantly decreased.

How do community business models affect distributed solar PV?

Huijben and Verbong identified that business models providing different ownership structures facilitated the development and growth of distributed solar PV. Amus suggested that adopting a community business model addressed infrastructural hindrances, making it cost-efficient for consumers to utilise solar PV.